At the end of the day, seasoned investors know that investing in markets has a large element of gambling to it. Despite all the research, whether top down or bottom up, markets have that element of chance that looms large.

The future of Alphabet depends on global demand for mobile search that seems insatiable, and a Google Cloud platform that continues to hold potential but also continues to trail rivals like Amazon and Microsoft Corporation (NASDAQ:MSFT).

There's still a risk to the core advertising business here - and that risk may be rising on the regulatory side. The “fake news” of the 2016 US presidential election has focused attention on Google, along with social media platforms Facebook Inc ...

My underlying thesis on the stock is that Alphabet (GOOGL) (GOOGL) is undervalued on a growth-at-a-reasonable price or GARP basis, relative to the general larger cap stock market (SPY) and probably even in a "normal" market with "normal" valuations ...